China's fast-growing Starbucks competitor Luckin Coffee just filed to go public on the Nasdaq

China’s Luckin Coffee has registered plans with the SEC to go public on the Nasdaq, setting a placeholder amount of $100 million, shows its filing. The development comes less than a week after the 18-month-old company announced $150 million in Series B "plus" funding led by the giant asset manager BlackRock, which pumped $125 million into the company in a deal that values Luckin at $2.9 billion. As TechCrunch reported last Wednesday, BlackRock also owns a nearly 7 percent stake in Starbucks, the nearly 50-year-old American coffee company that has taken over the world and now finds itself in a knock-down-drag-out battle with the Beijing-based upstart.